Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEED] SeedCoin | Buy/Mine SEED & Grow Coinbase | MANDATORY WALLET UPDATE
by
ButcherBill
on 08/10/2014, 09:55:10 UTC
Recouped.

So 67 Seed were bought in the ICO. And now there are a total of roughly 600 out there. It means that 85 % of the coins were acquired at a cost of ZERO, right? And still the coin is roughly traded at 20% below the ICO price?

I guess miracles do still happen...

But they, for sure, don't last.

Its never a ZERO cost, a lot of people rented miners at substantial cost and with the pools forking and going down the cost to mine went up.  Even If you bought the equipment you still have the equipment cost and cost to run.  

It is actually less than ZERO... in many cases. As you know there are people who rent miners and, obviously, those which are not rented are either collecting dust in the shelves or are put to mine things like SEED. For those the cost is less than zero for they derive profits from the rental business. Individuals doing the renting are very, very few I'm quite sure.

Like I said, I am flabbergasted with the price holding here and not having gone yet at least 20 times lower... Watching it now with very special interest.

fuck, u mental or somthng? get your 2$ ADHD ass back to iconicxperts bed for that reach around you been hinting at. Or get whooped at the pink thread as usual. Or better yet, join obamacare. just keep your wannabe insights on mining and trading out of here. folks might misunderstand you for being important or something!  Roll Eyes